All Else Equal,the Contribution Margin Must Increase As

question 53

Multiple Choice

All else equal,the contribution margin must increase as:

• A)both the sales price and variable cost per unit increase.
• B)the fixed cost per unit declines.
• C)the variable cost per unit declines.
• D)sales price per unit declines.
• E)the sales price minus the fixed cost per unit increases.

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Definitions:

Zero Growth

A condition in which a population or economy is stable and does not increase or decrease significantly over time.

Replacement-Level Fertility Rate

The average number of children that must be born to a woman over her lifetime to exactly replace the population, without increasing or decreasing it.

Total Fertility Rate

The average number of children a woman would bear during her lifetime, given current birth rates.

Infant Mortality Rate

The number of deaths of infants under one year of age per 1,000 live births in a given year.